I found the following email in my inbox Saturday morning:
Sent: Friday, February 24, 2012 10:57 PM
Subject: D.O.M. information
Hello: My name is Laura. I'm a real estate investor looking at investing in your area.
I'm looking for the DOM information and I require this info in an Agent 1 Line Report in a PDF file.
I need the information to be separated by active, pending and sold (sold within the last 3 months). I also need it only for single family homes. No condos, mobile homes or duplexes.
I need this info by this weekend. Please let me know if you are able to provide me with this information.
Thank you in advance.
Here is a person who apparently thinks that some agents would jump through hoops, eager to spend their weekend collecting data and putting together reports, just for the asking. And, oh by the way, there wasn't even any asking; no "please" or "would you?", just needs and requirements.
Surely, Laura (name was changed) emailed her requirements to a number of brokers in hopes that one of them is desperate enough for business to do the work. Maybe Laura will be ever so grateful and someday use that agent for one of her investment purchases?
I know that there are investor workshops that teach people how to make a "fortune" picking up distressed homes by contacting the owner directly. In order to negotiate for best price, the buyers are told to use brokers to get market data and reports, because everybody knows that that's a free service agents provide.
I did spend time that Saturday morning to give Laura some helpful information:
Thank you for contacting me regarding investment real estate.
I provide my clients with detailed reports and data to help them gauge the market and make informed decisions.
Beyond reports, my clients benefit from my experience and skill, both as an avid investor and as a seasoned Realtor.
The best help I can provide you is to encourage you to seek a qualified broker, accepting new clients, who specializes in investment real estate.
While I do have room in my schedule to accept new clients, judging from the tone of your email, I don’t believe you and I would work well together.
Best of luck with your venture.